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what are the role of commerce in satisfying human wants

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Hindering transportation of goods and services

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Q: What are the roles of commerce in satisfying human wants?
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What is the role of commerce to satisfying human wants?

The role of commerce to satisfying human wants is to drive the capitalism and distribution of goods and services to consumers. Commerce is the entire process from production to consumption.


what is the role of commerce in satisfying human needs and wants?

Commerce is essential in addressing human needs and wants as it drives economic activity and enables the efficient allocation of resources. Through commerce, individuals can access essential goods such as food, clothing, and shelter, as well as luxury items that enhance their quality of life. Additionally, commerce fosters competition and innovation, leading to the development of new products and services that better meet the evolving needs and wants of consumers.


What is commerce and what are aids to trade?

commerce is a branch of human activities which distribute goods and services and full fill human need and wants


What is the importance of capital in satisfying human needs and wants?

when you invest your capital, you create the products which will satisfy human needs and wants you can also be creating needs and wants.. but that's an other story


What is meant by the term consumer wants?

Wants are options/alternatives available for satisfying a human need. While hunger is a need, demand for bread and rice are the wants.


What is marketing management philosophies?

marketing is human activity directed at satisfying needs and wants through exchange processes


Why is management a 'universal process'?

Management as a universal proces, refer to the processes adopted by persons of the world on how to satisfy there wants or ends, since resource that are capable of satisfying human wants are relatively scarce!


Definiton of satisfying customer needs and wants?

willy


How does production help in satisfying needs and wants?

It provides products to satisfy your needs and wants.


Short and easy definition of marketing?

It is the management process which identifies customer wants,anticipates their future wants,& then goes about satisfying them profitably


Are wants the means of satisfying needs?

No, wants are not the means of satisfying needs. Needs are essential for survival, such as food, water, and shelter, while wants are desires or preferences that are not necessary for survival. Meeting needs is critical for sustaining life, while wants are more about personal satisfaction or pleasure.


Why are human wants infinite?

human wants are infinite because we as human beings have endless thinking brains